You purchase a treasury-bond futures contract with an initial margin requirement of 30% and a futures price of $115,700.
the contract is traded on a $100,000 underlying par value bond.

if the futures price falls to $108,500, what will be the percentage loss on your position?

Which stroke of the four-stroke cycle is shown in the above figure? a. power b. compression c. exhaust d. intake

After all revenue and expense accounts have been closed at the end of the fiscal year, income summary has a debit of $2,450,000 and a credit of $3,000,000. at the same date, retained earnings has a credit balance of $8,222,600, and dividends has a balance of $125,000. required: a. journalize the entries required to complete the closing of the accounts on december 31. refer to the chart of accounts for exact wording of account titles. b. determine the amount of retained earnings at the end of the period.

Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions